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A task involves positioning two metal parts with a rubber gasket sandwiched between them, inserting two bolts into predrilled holes, threading a nut onto each bolt, and tightening each bolt with a pneumatic wrench. In a preliminary study, the manager observed one of his workers performing this task five times. The observations were made in an air-conditioned, well-lit training facility, at ground level, with all tools and equipment clean and readily available.
(a) What is the average observed time for this task?
(b) What is the normal time for this task if the employee worked at a 10% slower pace than is typical for adequately trained workers?
(c) What is standard time for this task if allowances sum to 14%?
Reorder Point
The inventory level at which a new order should be placed to replenish stock before it runs out, considering lead time.
Inventory Level
The quantity of goods or materials on hand at any given time, which is crucial for meeting demand without excessive holding costs.
Replenish
The process of filling or restocking products, supplies, or inventory to return to a desired level.
ABC Analysis
ABC Analysis is an inventory categorization technique that divides items into three categories (A, B, and C) based on their importance and value, with A being the most valuable.
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